Reported about 24 hours ago
The Consumer Financial Protection Bureau (CFPB) has dismissed its lawsuit against Capital One, which had accused the bank of misleading consumers about its savings account products. The decision aligns with changes in leadership and approach within the agency following Donald Trump's return to the White House. Capital One welcomed the dismissal, which had been contested by the bank, while criticism emerged regarding the timing and implications surrounding the CFPB's enforcement strategy.
Source: YAHOO